M&A Deal Summary

A. M. Castle Acquires Transtar Metals

On September 5, 2006, A. M. Castle acquired distribution company Transtar Metals from H.I.G. Private Equity for 180M USD

Acquisition Highlights
  • This is A. M. Castle’s 2nd transaction in the Distribution sector.
  • This is A. M. Castle’s largest (disclosed) transaction.
  • This is A. M. Castle’s 3rd transaction in the United States.
  • This is A. M. Castle’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2006-09-05
Target Transtar Metals
Sector Distribution
Buyer(s) A. M. Castle
Sellers(s) H.I.G. Private Equity
Deal Type Add-on Acquisition
Deal Value 180M USD
Advisor(s) Piper Jaffray Companies (Financial)

Target

Transtar Metals

Franklin Park, Illinois, United States
website
Transtar Metals, Inc. is a distributor of high performance metals serving the global aerospace and defense industries.

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Buyer(S) 1

Buyer

A. M. Castle

Oak Brook, Illinois, United States

website

Category Company
Founded 1890
Sector Distribution
Employees681
Revenue 368M USD (2020)
DESCRIPTION

A. M. Castle is a metals and plastics distribution company. A. M. Castle was incorporated in 1890 and is based in Oak Brook, Illinois.

DEAL STATS #
Overall 3 of 4
Sector (Distribution) 2 of 3
Type (Add-on Acquisition) 3 of 4
State (Illinois) 2 of 2
Country (United States) 3 of 4
Year (2006) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-07-16 Oliver Steel Plate

Bedford Heights, Ohio, United States

Oliver Steel Plate Corp. is a provider of metals service center and processor.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-16 Tube Supply

Houston, Texas, United States

Tube Supply, Inc. is a distributor of tubular and bar products for the oil and gas industry.

Buy $165M

Seller(S) 1

SELLER

H.I.G. Private Equity

Miami, Florida, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1993
PE ASSETS 57.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HIG Private Equity is the private equity arm of HIG Capital LLC. The firm focuses on management buyouts, growth equity investments, and recapitalizations of middle market companies with an enterprise value of $50 - $500 million. The Firm also will consider add-on acquisitions, industry consolidations, going-privates, and corporate divestitures. Sectors of interest include aerospace, building materials, business services, consumer products, distribution, healthcare, infrastructure, contracting, manufacturing, media, oil & gas services, IT, and transportation. HIG was formed in 1993 and has offices in Miami, Atlanta, Boston, and San Francisco. HIG's European affiliate is HIG Europe with offices in London, Hamburg, and Paris.

DEAL STATS #
Overall 10 of 153
Sector (Distribution) 1 of 7
Type (Add-on Acquisition) 5 of 65
State (Illinois) 1 of 8
Country (United States) 10 of 112
Year (2006) 4 of 5
Size (of disclosed) 9 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-23 Die Cuts With a View

Provo, Utah, United States

Die Cuts With a View is an industry leader in foundational scrapbooking products, including distinctively designed, themed and colored stacks of paper, stickers, quotes, and rub-ons. Pressed Petals creates unique, high-quality embellishments utilizing real pressed flowers, chipboard, and metals.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-23 ServiceCraft Logistics

Buena Park, California, United States

ServiceCraft Logistics leading provider of third party logistics services to a wide array of industries, including consumer electronics, automotive, garments and consumer packaged products.

Buy -
Mergr

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